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Essays 391 - 420

THE ECONOMICS OF PURCHASING A HOUSE

market, or demand is huge (as it was during the mid-2000s, then prices will be higher and product harder to find....

MARKET STRUCTURE DISCUSSION

Discusses economics and market structure as it pertains to product differentiation, price and costs. There are 5 sources listed in...

DECISION-MAKING

What about margins? Also understood as "marginal cost," this focuses on the amount of benefit that a person could gain with a part...

Economic Models - Heckscher-Ohlin and Free Trade

as a reason for the incomplete format of specialization in many areas. The theory can be seen where a nation will export the good...

Why there will never be another Silicon Valley

Yet, there is a physical geography to which people refer that has come to be known as Silicon Valley. One description of the valle...

Roberts' The Invisible Heart

is the title of Russell D. Roberts (2002) book and is subtitled an economic romance, and so it actually is a rather humorous title...

International Economic Issues and Influences

to support the US economy as they are a major purchaser of Chinese goods. Where there are large deficits this also has an impact...

Health Care Economics and Funding in the United States - A History

the consideration of dozens of microeconomic systems that operate as a function of the national macroeconomic picture. It is often...

Freakonomics The Truth About the Economics of Dealing Drugs

Our popular conception of drug dealers is a guy with gold teeth and gold chains driving a BMW or...

The Benefit of Falling Trade Barriers for Developing Economies

million people by 2015 (World Bank, 2003). While it is possible there is some over optimism is general agreement that a reduction ...

The Basic Elements of Labor Economics

the Y axis shows the price and the X axis the level of demand, this would result in a downward sloping line. When considering the ...

International Trade

begun following the example of private corporations. Some governments, such as the state of Florida, have outsourced their entire ...

Rhoads' The Economist's View of the World

flexibility in economics, and again, he includes a blend of other social sciences, demonstrating that economics is inextricable wi...

Kremlin Capitalism (Book Report)

capitalism in Russia, but it was very weak (Blasi, Kroumova & Kruse, 1996). It is no wonder then that the Russian Revolution would...

The Political and Financial Impacts of Health Coverage

separation of Medicaid eligibility from assistance programs. In fact, this act was designed to increase the access for low-income...

American Political Thought: A Look at the Presidency of Ronald Reagan

did. He was so confident in his vision, that people automatically would trust in the things he said. In reviewing his stint as pr...

A HISTORY OF CHRISTIANITY: ITS INFLUENCE ON POLITICS AND SOCIETY FROM 2000 BCE TO 1500 CE

This 5-page paper examines the history of the Catholic Church and Christianity until 1500 BCE, and examines its influence on gover...

Henry Ford and His Impact on Economics

is, it owns or controls suppliers of raw materials, parts, fabric for seats-anything that goes into a Ford, Ford Motor controls; i...

Economics of the Housing Market

formerly were the "hottest" markets in the country, buyers and potential buyers finally have come to the point of realizing that t...

OPEC AND ECONOMICS

much to the market. Though this means members of the cartel get an equal share (which might be less than if they were separate ent...

Automotive Industry And Global Financial Crisis

less cost than other countries (Tabarrok, 2008). This means that every country can have a comparative advantage if they specialize...

The Impact of International Trade on an Economy and Influence of Monetary and Fiscal Polices of Exchange Rates

trickle down. This also impacts on the supply chain creating jobs upstream of the exporting company, so has far reaching consequen...

Kahneman's Contribution to the Field of Economics

winning Nobel," 2002). What the pair did was to examine decision-making and judgment ("Kahneman gets warm reception after winning...

Economic Interdependence in American History

The Revolutionary War itself, in fact, came with significant expense. The fledgling nation was immediately saddled with tremendou...

HISBAH AND ECONOMICS

is the law, Hisbah (or Al-Hisbah) is the collection of people assigned to ensure the law is fulfilled. In Saudi Arabia, for exampl...

THE THROW-AWAY WORKER: USE (AND ABUSE) OF CHINESE IMMIGRANTS IN DEVELOPING CANADA'S RAILROADS - AN OUTLINE

the immigrants were considered expendable when it came to building the railroads. History of Canadas Railroads Much of th...

OIL AND THE INTERNATIONAL BUSINESS CONNECTION

Before we take on an explanation of oil and petroleum on a global scale, we first need to understand how the "liquid gold," as...

SHOPS, DISCOUNTS AND KNOWING WHEN TO STOP

price cuts can also be duplicated by the competition (McConnell and Brue, 2006). When a rival moves to lower prices, any potential...

The Civil War, Augusta County Virginia, and Franklin County Pennsylvania

square miles and Franklin County Pennsylvania encompasses approximately 772 square miles. Despite their similarity in size, howev...

Supply and Demand, Elasticity and Monopoly Conditions

converse is true and the supply exceeds the demand, the price will then drop, dropping to a level where it is able to attract suff...